Germany’s producer prices fell 2.5 per cent year on year in December 2025 and 0.2 per cent from November, mainly due to sharply lower energy costs.
Energy prices dropped 9.7 per cent, led by natural gas and electricity.
Excluding energy, prices rose modestly.
For full-year 2025, producer prices declined 1.2 per cent, driven by a 6.2 per cent fall in energy costs.